TradingCritique

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City Index vs Forex.com : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

City Index

City Index

VS
Forex.com

Forex.com

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

Market maker

Market maker

Years of Existence / Established Year

1983

2001

Customer Base / Number of Accounts

1M + active customers

454k + Customers


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Regulation & Security

Regulations (governing bodies)

CIRO, CySEC, NFA, CFTC, CIMA, FCA, SFC, FSA, MAS, ASIC

CIRO, FSA, MAS, CySEC, NFA, CFTC, CIMA, FCA, ASIC

Awards Won (count for the last 2 years)

Best trading app, Best CFD provider, Forex broker.com No.1- Performance Analytics new tool, Best in Class overall

Best HNW Service, Best Broker for CFDs, Best in Class Overall Best in Class Mobile Trading Apps Best in Class Offering of Investments Best New Tool Performance Analytics

Security Measures

FSCS

FSCS

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

No


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

13,500+ assets types including Shares

5, 500+ Stocks

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

No

Yes

CFDs

Yes

Yes

ETFs

Yes

No

Stocks

No

Yes

Options

Yes

No

Futures

No

No

Bonds

Yes

No

Mutual Funds

No

No

Fractional Shares

Yes

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

No


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

Yes

MT5

No

Yes

cTrader

No

No

Social Trading

Yes

Yes

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

City Index mobile trading app

Forex.com Proprietary platform

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Standard, MT4, Corporate account

Standard, Raw spread, MetaTrader account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

€100

$100

Leverage Available

30:1

50:1

Trade Limit (maximum per trade)

Depends on the assets class

No information

Commission (per account type)

€0

Raw account - $7 per 100k USD traded

Best Suited For (e.g., beginners, experienced traders)

Beginner to experienced

Beginners to experienced traders


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Deposit & Withdrawal Options

Deposit Methods

Bank transfer, credit card, debit card, e-wallets

Credit/ debit card, bank wire

Withdrawal Methods

Bank transfer, credit card, debit card, e-wallets

Credit/ debit card, bank wire

Other E-Wallets Supported

Paypal

Neteller, skrill


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Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Reuters Insider, News and analysis, Trading tools, Advanced trading view Charts

Forex Trading University, Market Analysis and Insights, Webinars, Video Tutorials, Trading Guides and eBooks, Market News and Research


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Fees & Commissions

Trading-Related Fees

UK Shares: 0.10% (min. €8 commission)US Shares: 1.5 cents per share (min. €8 commission)

Commission: Fixed $7 USD per $100k USD traded

Spread (typical, fixed, variable)

Fixed and variable spreads

Variable

Per Lot Fees

NA

NA

Options Contract Fees

NA

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

$0

NA

Maximum Leverage

30:1

50:1


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Non-Trading Fees

Dormant Fees

$15 monthly fee after 24 months of inactivity

$15 inactive for 12 months

Subscription Fees (for premium features, data feeds)

NA

$5

Advisory Fees

NA

$30

Swap Fees (Overnight Financing)

Yes

Yes

Statement or Document Fee

NA

NA

Account Opening Fee

NA

$0

Account Maintenance Fee

NA

NA

Deposit Fee

Credit/ debit card- 2%, others - €0

$0

Currency Conversion Fee

Varies by instrument

0.50%

Withdrawal Fee

Bank fees may apply

Free for bank transfers and debit cards, US: $25, International: $40, except over $10,000


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

No


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Trading Hours

Trading Hours (for each asset class if applicable)

Varies by instrument

Depends on the instrument offer


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/5

24/5

Customer Support Methods (phone, email, live chat)

Email: [email protected], Phone: 0800 060 8609, Live chat

Live chat: https://www.forex.com/en/contact-forex-com, Phone New accounts: Tollfree: 1-877-367-3946, International: 1-908-731-0750 Existing customers: Tollfree: 1-877-367-3946,Email New accounts: [email protected] Existing customers & inquiries: [email protected] International: 1-908-731-0750

Support Languages

6

5


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Additional Information

Headquarters Location

1st Floor, Moor House, 120 London Wall, London, EC2Y 5ET

30 Independence Blvd Suite 300, 3rd Floor, Warren, New Jersey 07059, US.

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
While City Index maintains low trading fees with no minimum deposit, Forex.com includes some charges for premium features and certain asset trades, making City Index the better option for budget-focused traders.
Creating an account with City Index is generally faster and more user-friendly, often taking just a few minutes, while Forex.com requires more detailed steps and identity verification, which may suit more cautious investors.
City Index provides a modern trading experience with its proprietary or MT4 platform, ideal for technical traders. Forex.com, on the other hand, offers more research tools and is better suited for data-driven investors.
City Index delivers a robust ecosystem for seasoned traders, whereas Forex.com focuses on ease of access and modern usability.